for the improved version without dustspots.
This is a transferred 16mm copy with an embedded Dutch (incomplete) subtitle.
I have tried to find out which movie this and thanks to LordOfTheExacto we know now that it is Lightning Triggers from 1935. It is a 16mm copy without sound (the movie has sound) and Dutch subtitle.
The below information comes from http://www.imdb.com/title/tt0127656/
Reb Russell (Reb Russell), undercover agent for the Cattleman's Protective Association, goes into the stronghold hideout of rustler chief Bull Thompson (Fred Kohler) posing as an outlaw. He falls in love with Marion, Bull's step-daughter. Juan (Dick Botiller), a gang member once jailed by Reb, reveals Reb's true identity, but he will be given his and Marion's freedom to leavy the valley if he can beat Thompson in a fight. He does, but Butch Greer (Jack Rockwell), a gang member trying to take over from Thompson leads the gang after the pair, after first revealing to Thompson that Reb is Thompson's own son, whom he last saw as a baby when Thompson, then known as Big Bill Russell,was forced to flee the law. Thompson and loyal gang member Blackie (Edmund Cobb), who was once helped by Reb, go after the gang in an effort to help Reb and Marion escape.